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Jenn Smart

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10040 Highway 9 , Ben Lomond, CA 95005
$2,399,000
Est. Payment: $5,331.11/mo
13 Bed
4178 Sqft
0.71 Acres
Status: active | Days on site: 10
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ML5097675 - ML5109957
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House Description

Nestled among the towering redwoods of the San Lorenzo Valley, this 8-unit multifamily property has excellent rental history with low vacancy, appealing to long-term tenants, and offers the fundamentals a thoughtful investor looks for: high occupancy, high income potential, and a desirable location for easy access to highways and public transportation. Versatility of units makes this great for buyers searching for solid investment return: live in one, rent the others, or a community compound. Property has been well-maintained by the current owner. Set on a bright and sunny flat lot with one new roof, repairs, and painting completed in 2026. The property features a mix of 1- and 2-bed cottages, two 2-bed apartments, 3 studio apartments, and a 3-bed/2-bath house, with inviting front porches, vibrant exterior finishes, and a peaceful, community-oriented layout that tenants love, with the opportunity to create a large raised-bed garden. Additional highlights include on-site parking for all units and a large garage for storage and extra income potential. With the flexible unit mix and upside potential, this is an exceptional opportunity for investors seeking immediate cash flow and long-term appreciation in one of the most desirable and supply-constrained rental markets in CA.

Highlights

Listed by Sage Goncharoff , 831-440-7876 Action Properties Inc , (650) 967-8700. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.71

Year Built

1950

County

Santa Cruz

Area

699 - Not Defined

School District

Other

Listing ID

ML82064484

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:13
Floor:Laminate,Tile
Water:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:10
Zoning:R-1-15
Roof:Shingle
Parking Features:Off Street
Principal Interest
$5,331
Taxes
$1,189

Home Price

$2,399,000

Loan Details

30 yrs
0%

Down Payment

20%
$479,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,331.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,331.11 $1,188.50 $0.00 $6,519.61
Yearly $63,973.33 $14,262.00 $0.00 $78,235.33
Total $1,919,200.00 $427,860.00 $0.00 $2,347,060.00
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Ben Lomond, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-14T09:37:47.000Z

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